Why Eli Lilly Stock Is Down Today

Prosper Junior Bakiny, The Motley Fool
·2-min read
Why Eli Lilly Stock Is Down Today
Why Eli Lilly Stock Is Down Today

Shares of Eli Lilly (NYSE: LLY) were dropping sharply on Tuesday, down by 5.3% as of 12:12 p.m. EDT after falling by as much as 6.2% earlier. Investors are reacting to the drugmaker's disappointing third-quarter earnings report, which it released before the market opened today. During its third quarter, Eli Lilly's revenue came in at $5.7 billion.